HR Payroll and Benefits Coordinator
7 days ago
Crédit Agricole CIB is offering an exciting opportunity for a skilled HR Payroll and Benefits Coordinator to join their team. This role will play a pivotal part in ensuring timely compensation and benefits administration for employees.
Job Description:Key Responsibilities:
- Process bi-weekly/monthly payroll for all bank employees, guaranteeing accuracy and compliance with relevant regulations.
- Reconcile payroll data, resolve discrepancies, and handle payroll tax submissions, filings, and year-end W-2 processing.
- Collaborate with the HR department to ensure new hires, terminations, and other changes are accurately reflected in the payroll system.
- Manage day-to-day operations of group benefits programs, including health, dental, vision, disability, life insurance, travel accident plan, flexible spending plan, retirement plans, etc.
- Coordinate benefits enrollment for new employees and during the annual open enrollment period.
- Liaise with benefit providers to resolve issues related to claims, enrollments, or other concerns.
- Maintain knowledge of trends, best practices, regulatory changes, and new technologies in human resources, talent management, and employment law.
Payroll and Benefits Tasks:
- Collect and verify daily timesheets and attendance logs.
- Update and maintain employee personal and payroll information in the system.
- Process and distribute paychecks, file and archive payroll documentation.
- Assist employees with payroll and benefits queries, maintain records of paid leave, sick days, and other necessary deductions.
- Set up employee profiles in the payroll system for new hires, coordinate with department heads to verify departmental payroll data.
- Liaise with external payroll providers or software support for system issues, calculate bonuses, overtime, and commission payments.
- Manage benefits enrollments, changes, and terminations, communicate with insurance providers to update employee information.
- Verify and process billing statements from benefits providers, stay updated on federal, state, and local tax, payroll, and benefits regulations.
- Manage complex payroll scenarios, conduct in-depth analyses to identify payroll discrepancies and recommend corrective actions.
- Draft, update, and maintain payroll and benefits policies and documentation.
Requirements:
- Bachelor's degree in Human Resources, Business Administration, or a related field.
- Minimum 2 years of experience in payroll and benefits administration.
- Strong understanding of payroll laws and regulations, excellent communication skills.
- Able to work in a fast-paced environment, prioritize tasks, and meet deadlines.
Salary Range:
$65,000 - $85,000 per year, depending on experience.
About Crédit Agricole CIB:
Crédit Agricole CIB is a leading financial institution providing innovative banking solutions to clients worldwide.
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